XACC 290 Week 4 Exercise 2 | eBooks | Education

XACC 290 Week 4 Exercise 2

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XACC 290 Week 4 Exercise 2

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Exercise 2

Resource: Ch. 4 of Financial Accounting

 

Complete Exercise BE4-1.

Complete Problems 4-2A & 4-3A.

Answer the following:

 

·         Commercial accounting and generally accepted accounting principles, generally prescribe the accrual basis of accounting over the cash basis.

·         Describe both bases of accounting and explain the differences.

 

Submit as either a Microsoft® Excel® or Microsoft® Word document

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